The sheet of tight dean sandstone, up to 300 ft thick, that sits between Spraberry and Wolfcamp in the Midland Basin has already made more than 15 MMbbl since 2020 from just 43 wells in Dawson County alone. Here’s a look.
Oman’s commodity trading business, OQ Trading, has signed a 15-year LNG sales and purchase agreement with Amigo LNG, the Mexico subsidiary of Singapore’s LNG Alliance.
London’s INEOS and Germany’s Covestro say they aim to solidify supplies in a volatile market.
Petro-Victory partnered with BlueOak Investments to complete the $17.5 million deal for Brazilian E&P Capixaba Energia.
(Reuters) – U.S. energy company Expand Energy, the country’s biggest natural gas producer, said on Wednesday it was on track to produce more gas in 2025 and 2026 to meet growing demand for the fuel. Expand executives told analysts on its first quarter earnings call it expected to run about 12 rigs and invest about …
Expand Energy on Track to Increase US Natgas Output to Meet Growing Demand Read More »
(Reuters) – BP’s 440,000-barrel-per-day (bpd) refinery in Whiting, Indiana, shut the reformer unit last weekend, trading sources said. The company did not immediately respond to Reuters’ requests for comment. The Whiting refinery, the largest in the U.S. Midwest, produces a wide range of liquid fuels, including gasoline, diesel and jet fuel. Reporting by Nicole Jao …
By America Hernandez First quarter adjusted net profit drops 18% versus a year ago All business segments down except LNG Net debt rises to $20.1 billion, up 42% vs a year ago Free cash flow not enough to cover buybacks, dividends (Reuters PARIS, April 30) – Europe’s willingness to buy more liquefied natural gas (LNG) …
TotalEnergies CEO Seeks to Reassure Investors After Smaller Profit, Higher Debt Read More »
The U.S.-based solar panel manufacturer was among the latest companies to announce changes amid policy and regulatory concerns in the U.S.
Energy Transfer won a massive lawsuit against the environmental group Greenpeace that will likely change the tactics of future protests.
After selling Fayetteville gas producer Flywheel Energy last year, the team is launching South Wind Exploration & Production with Kayne Anderson financing.
